Strategic Components Clause Samples

The "Strategic Components" clause defines which elements, technologies, or resources are considered essential to the overall strategy or success of a project or agreement. In practice, this clause typically lists or describes specific components—such as proprietary software, key personnel, or critical infrastructure—that are vital to achieving the intended objectives. By clearly identifying these strategic elements, the clause ensures that both parties recognize their importance and may set special terms for their use, protection, or replacement, thereby safeguarding the project's core interests and reducing the risk of disruption.
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Strategic Components. For part of the Strategic Components, as Veraz shall decide, Veraz shall maintain strategic account management responsibilities, such as contracts, pricing, quality, die banking, supplier tooling management (including budgeting of tooling cost) and business performance feedback. As and to the extent directed by Veraz, FLEXTRONICS shall purchase Strategic Components under Veraz’s supply agreements with suppliers of Strategic Components. FLEXTRONICSS may purchase the Strategic Components from its inventory only upon receiving prior written approval from Veraz.
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Strategic Components. AADMER Work Programme 2010 - 2015 1. Risk Assessment, Early Warning and Monitoring;
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Strategic Components. For Strategic Components, Iomega shall maintain strategic account management responsibilities, such as contracts, pricing, quality, die banking, supplier [**] management (including budgeting of [**] cost), assurance of supply and business performance feedback. Unless otherwise mutually agreed between the Parties, Venture shall issue applicable forecasts, purchase and be responsible for payment of Strategic Components under Iomega's supply agreements with suppliers of Strategic Components, perform incoming inspections of such Strategic Components, maintain inventory of Strategic Components, track shipments, provide supplier quality and business performance data to Iomega, but shall not otherwise be responsible or liable for Iomega's obligations under such supply agreements. Iomega shall seek the consent of its suppliers to providing copies of the agreements to Venture, and to the extent permitted, Iomega shall provide Venture with copies of all such supply agreements, and in the event that any such supply agreements increase Venture's operating costs, Venture shall be entitled to recover the increased costs from Iomega. In addition, Venture shall not have any liability whatsoever to Iomega in respect of any defective Strategic Component purchased by Venture hereunder or any breach by the supplier of its obligations under the supply agreement (including any late or non delivery of any Strategic Component) unless Venture has a right to bring an action against the supplier for such defective Strategic Component or breach. The Parties shall use reasonable efforts to assist each other in pursuing any such claim against the supplier.
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Related to Strategic Components

  • Components Patheon will purchase and test all Components (with the exception of Client-Supplied Components) at Patheon’s expense and as required by the Specifications.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement. a. Develop a Work Breakdown Structure (WBS) for each project. b. Evaluate Scope Statement to develop a preliminary cost estimate and determinate whether project be vendor bid or be executed under a Job Order Contract (JOC).

  • Supplier Development lf the Buyer identifies problems in supplier performance based on supplier monitoring, he shall initiate improvement measures at the Supplier. The Buyer shall pursue the possibilities of continuous improvement of the Supplier. The supplier audit is a form of supplier development; the exchange of information and experience between the Buyer and the Supplier also serves this purpose.

  • Product Development (a) Supplier may develop enhancements it intends to incorporate into the BioGlue Surgical Adhesive during the term of this Agreement that have potential application to the Company Product (“Enhancements”). Unless otherwise agreed by the parties, at least once every six months during the Term, representatives of each of BioForm and Supplier shall hold a meeting in accordance with Sections 4.4 and 8.4 (the “Product Development Meeting”) at which Supplier will present Enhancements for BioForm to consider for application to the Company Product. At such Product Development Meeting, BioForm will also present its marketing plans (pursuant to Section 4.4) for the period and any information or feedback that BioForm reasonably believes may lead to Improvements. Within 30 calendar days following each Product Development Meeting, Supplier shall deliver a notice to BioForm (the “Enhancements Notice”) that shall describe the Enhancements that were presented by Supplier at such Product Development Meeting. Within 30 calendar days following receipt of the Enhancements Notice, BioForm may notify Supplier in writing if BioForm elects that any Enhancement described in the Enhancements Notice shall become an Improvement. If BioForm does provide such notice to Supplier during such 30-calendar day period, then BioForm and Supplier shall agree on a timeline for implementation of the Improvement in new Product Specifications for Company Product. If BioForm does not provide such a notice, said Enhancement shall not be implemented into the Company Product. The Enhancements Notice may also describe any potential Enhancements presented by Supplier at the Product Development Meeting, but BioForm shall not be required to take any action under this Section 8.4 with respect to such potential Enhancements until such time as they are presented by Supplier as Enhancements at a future Product Development Meeting. All Enhancements and potential Enhancement information provided by Supplier shall be considered Supplier Confidential Information. (b) From time to time, each party may request the other party to participate in joint projects to develop Improvements. Neither party is obligated to participate in such projects, and in each **** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. instance, each party’s decision whether to participate will be made in such party’s sole discretion. If both parties mutually agree to participate in such a project (a “Program”), the parties will promptly prepare a mutually agreeable written development agreement specifying the development activities to be performed by and the research and development tasks assigned to each party (the “Development Agreement”). All allocation of Intellectual Property rights with respect to any Program will be set forth in writing in the Development Agreement. (c) In the absence of a Development Agreement, (i) BioForm and Supplier shall retain joint ownership of Intellectual Property rights in which there is joint inventorship by BioForm (or its Affiliates) and Supplier, as determined in accordance with United States patent law, with Supplier’s rights in such joint ownership being subject to the license rights of BioForm under this Agreement, (ii) any Intellectual Property rights related to the Company Products, Enhancements, and Improvements that are created solely by employees or consultants of Supplier during the Term shall be considered to be Intellectual Property rights of Supplier, subject to the license rights of BioForm under this Agreement, and (iii) any Intellectual Property rights related to the Company Products and Improvements that are created solely by employees or consultants of BioForm or any of its Affiliates during the Term shall be considered to be Intellectual Property rights of BioForm. BioForm hereby grants to Supplier a perpetual, royalty free, world-wide, nonexclusive license to Supplier under such Blocking Intellectual Property to make, use, and sell such Intellectual Property outside the Field. “Blocking Intellectual Property” for the purposes of Section 8.4(c)(iii) shall mean Intellectual Property necessary for Supplier to make, use, or sell SA Product.

  • Third Party Components The Products and Services may contain third party components (including open source software) subject to separate license agreements. To the limited extent a third party license expressly supersedes this ▇▇▇▇, such third party license governs Customer’s use of that third party component.